Zillow Sells 2,000 Homes in Dismantling Its House-Flipping Business

Wall Street Journal, Nov. 10, 2021–Will Parker (subscription)
Zillow Group Inc. reached a deal to sell about 2,000 homes from its ill-fated house-flipping program, the company’s biggest bulk sale as it starts unloading thousands of homes and terminates the business. Pretium Partners, a New York City-based investment firm, has agreed to buy Zillow homes across 20 U.S. markets and plans to rent them out.